Home / Knowledge / News / Textiles / Foreign cotton mill use remains vibrant this season

Foreign cotton mill use remains vibrant this season

Apr '07
The 2006/07 U.S. cotton crop was lowered this month to 21.6 million bales (upland—20.8 million bales and ELS—765,000 bales), as indicated in the March Cotton Ginnings report. USDA will release final production estimates on May 11th.

With beginning stocks and imports unchanged this month, the season's cotton supply is now estimated at 27.6 million bales, 1.8 million (6 percent) below 2005/06.

U.S. cotton demand was also lowered in April to 18.5 million bales, 550,000 below last month's forecast, with exports accounting for nearly all of the decline. Domestic mill use was reduced to 4.95 million bales this month based on recent activity.

The export forecast was lowered to 13.5 million bales, 500,000 bales below the March estimate. While export sales have improved lately, export shipments remain below earlier expectations.

Although foreign cotton mill use remains vibrant, import demand has been restrained this season, particularly for China. At the current export forecast, the U.S. share of global trade is estimated at about 36 percent, below the 4-year average of nearly 41 percent.

With U.S. production exceeding demand in 2006/07, ending stocks are projected to increase more than 3 million bales this season to 9.2 million, the largest since 1985/86. The stocks-to-use ratio is currently forecast at 49.9 percent, the highest in nearly 2 decades.

United States Department of Agriculture

Must ReadView All

Pic: Shutterstock

Textiles | On 16th Oct 2021

China's economic growth reflects strong resilience, vitality: Li

Premier Li Keqiang has said China is capable and confident of...

Pic: Shutterstock

Apparel/Garments | On 16th Oct 2021

BGMEA urges Bangladesh govt to reskill & upskill RMG workers

The Bangladesh Garment Manufacturers and Exporters Association...

Pic: Shutterstock

Retail | On 16th Oct 2021

UK retail sales rises by 0.6% in Sep 2021; figure 5.6% in Sep 2020

Total UK retail sales rose by 0.6 per cent in September this year...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Dhruv Toshniwal & Udit Toshniwal,

Dhruv Toshniwal & Udit Toshniwal

Launched a year ago, Fashions Pvt Limited conceptualises and sees D2C...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Seth Casden, Hologenix

Seth Casden

Hologenix is a material sciences company dedicated to developing products...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

October 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search